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Melody Motel 5062 W Washington Blvd 11 Room Hotel Los Angeles, CA 90016 $1,650,000 ($150,000/Room)
Executive Summary
currently vacant
Property Facts
| Price | $1,650,000 | Building Size | 2,820 SF |
| Price Per Room | $150,000 | No. Rooms | 11 |
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | Redevelopment Project | Year Built | 1946 |
| Property Type | Hospitality | Parking Ratio | 3.54/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.19 AC | ||
| Zoning | LAC2 - The property currently zoned C2-1VL-CPIO Within Opportunity Zone TOC Tier 1 | ||
| Price | $1,650,000 |
| Price Per Room | $150,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 2,820 SF |
| No. Rooms | 11 |
| No. Stories | 1 |
| Year Built | 1946 |
| Parking Ratio | 3.54/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | LAC2 - The property currently zoned C2-1VL-CPIO Within Opportunity Zone TOC Tier 1 |
Amenities
- Wheelchair Accessible
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 11 | $125.00 | - |
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5062-006-034 | Improvements Assessment | $302,444 |
| Land Assessment | $1,697,932 | Total Assessment | $2,000,376 |
Property Taxes
Parcel Number
5062-006-034
Land Assessment
$1,697,932
Improvements Assessment
$302,444
Total Assessment
$2,000,376
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Melody Motel | 5062 W Washington Blvd
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